Answer:
The missing word is Stakeholders.
Explanation:
When Walmart issued new standards for livestock products that were raised on food without antibiotics or artificial growth hormones, it considered <u>multiple stakeholders,</u> including the ranchers that supply the food, its customers, and animal welfare groups.
Why would Walmart do this?
Agribusiness is a very large industry that produces the food we eat. Sometimes these foods are even exported to other parts of the world. These foods include plant-based and animal-based foodstuffs. Because the Agribusiness Industry has evolved over the years and is no longer an industry run by just small hold businesses but large corporations like Walmart, various parts of this business are now faced with important and interrelated ethical questions ranging from ecology, animal rights, and economics to food safety and long-term sustainability.
The way food is produced is more crucial to how it is distributed. Foods especially livestock that are produced with antibiotics, artificial growth hormones etc have now been proven to pose significant health hazards to the human body.
To change this situation a market leader such as Walmart is required to take bold steps in the right direction whilst carrying other stakeholders along.
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